Arthur Hayes: The Fed's report this week is of interest, creating money corridors or openings on the mortgage of Japanese debt

On 3 August, Arthur Hayes, a co-founder of BitMEX, indicated that attention needed to be paid to the release of the Fed ' s H.4.1 report this week to confirm whether the Japanese Treasury had bought back its national debt in exchange for the United States dollar and then sold it to buy the yen. If the US finance minister succeeds in raising the hand limit, then the Fed can use the Japanese Treasury's national debt as collateral to create a currency。